Coinbase is laying off more than 60 staff in its recruiting and institutional onboarding departments, The Information reported Thursday. While not nearly as shocking as Meta’s move to layoff over 11,000 employees a few days ago, Coinbase’s latest round of layoffs is a sign that the exchange may still be trying to cut costs in the ongoing bear market—a development that barely moves the needle during a week that’s overflowing with bad news for the crypto sector. Coinbase’s layoffs also come just five months after the exchange laid off 18% of its staff to prepare for what it ...
Continue reading the above news article, by clicking here.
Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.
Please be sensible and follow our terms of service and rules, when replying and debating the news article.
Welcome to Admin Junkies